Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells C$248,000.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel sold 10,000 shares of the company’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total transaction of C$248,000.00.

Osisko Gold Royalties Trading Up 0.7 %

TSE OR opened at C$24.96 on Wednesday. The stock has a market cap of C$4.65 billion, a PE ratio of -49.92, a PEG ratio of 1.31 and a beta of 0.89. The company’s 50-day moving average price is C$23.74 and its 200-day moving average price is C$22.65. Osisko Gold Royalties Ltd has a 12 month low of C$15.42 and a 12 month high of C$25.36. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings data on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.01. The firm had revenue of C$64.85 million for the quarter. Osisko Gold Royalties had a negative net margin of 36.86% and a negative return on equity of 5.46%.

Osisko Gold Royalties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.26 annualized dividend and a yield of 1.04%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -52.00%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on OR shares. CIBC raised their price objective on Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Jefferies Financial Group raised Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. National Bankshares raised their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a report on Wednesday, July 17th. Canaccord Genuity Group upped their price target on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. Finally, TD Securities increased their price target on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the company a “buy” rating in a report on Monday, July 22nd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$28.50.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.